VTB Capital has received the "2012 Financial Olympus" award for “efficient work in attracting investments into the Russian economy". The Financial Olympus awards, one of the oldest and most significant accolades in the Russian financial sector, were announced at a ceremony in Moscow on 29 May.

Since its establishment, VTB Capital has taken an active role in attracting investment into the Russian economy across a wide range of sectors. The company has taken part in over 400 ECM and DCM deals, which have been instrumental in attracting more than USD$162.7bn worth of investments to Russia and the CIS.

VTB Capital has also played a crucial role in driving a positive image of the Russian economy in the eyes of the international financial community. Since 2009, VTB Capital has organised its "RUSSIA CALLING!" Investment Forums in Moscow and London, and 2012 saw the series expanded to New York.

The award builds on VTB Capital’s success in previous Financial Olympus awards, winning the ‘Best company promoting Russian business in international markets’ award in 2011. VTB Capital Investment Management also won the award for ‘Best management strategy’.

Alexei Yakovitsky, Global CEO at VTB Capital, said: "In 2013, VTB Capital celebrates its fifth anniversary. In this short time, we have achieved remarkable results and built a strong reputation as a reliable business partner, both in Russia and abroad. For us it is very important that our work in attracting investment into Russia has once again received high praise from the international financial community."

Financial Olympus is a professional award marking the success of companies and top-managers working in Russian financial markets. Founded in 1995, it is one of the oldest and most significant Russian business awards. It is part of the RBC Holdings.